Morgan Stanley ( MS) was upgraded at JMP Securities to outperform from market perform. $34 price target. New analyst believes the company is in the midst of an important transformation, JMP Securities said.

Netflix ( NFLX) was downgraded at Morgan Stanley to equal weight. Valuation call, following the recent run in the stock, Morgan Stanley said.

Performant Financial ( PFMT) was initiated with a hold rating at TheStreet Ratings.

Portland General ( POR) was upgraded at Keybanc to buy from hold. $31 price target. Company can grow rate base by 50% over the next four years, Keybanc said.

STOCK COMMENTS / EPS CHANGES

Facebook ( FB) numbers were raised at J.P. Morgan. Shares are now seen reaching $53. Estimates were also increased on strong advertising traction that is expected to build into 2014, J.P. Morgan said. Overweight rating.